Technical analysis USA.30 for 12.08.2022

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 33422. The closest resistance is the level 34090

Key levels

• 34090, 33442, 33055, 32725, 32405, 32020, 31370

Trading scenario

• Recommended opening long positions (Buy) at the current price, with Take Profit of 34090 and Stop Loss of 33055

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 33055, with Take Profit of 32405 and Stop Loss of 33442